The 1990s marked a transformative decade for Semtech as the company executed a strategic pivot from its historical dependence on military and aerospace markets toward broader commercial opportunities. This period of reinvention established Semtech as a significant player in the protection technology and analog semiconductor landscape, creating the foundation for its future as a diversified technology leader. 

Over the past decade, solar photovoltaic technology has evolved from a niche market to becoming the world's leading clean energy source. As installations scale, operators face rising costs, technician shortages and complex monitoring demands. With the O&M market projected to reach $9.48B by 2025, the employers report workforce gaps and over half seek cost reductions. Yet, fewer than 1% of systems have real-time monitoring in place. To meet these challenges, the industry must embrace predictive maintenance and smarter infrastructure enabled by easy to install and maintain, long-range communication technologies like LoRa®. 

The 1980s represented a pivotal decade for Semtech, marked by challenges, dramatic leadership changes and a remarkable turnaround that set the company on a path toward future success. This period transformed Semtech into a resilient enterprise poised for diversification and growth.